At the same time supplementary food such as fortified yoghurt, biscuits, fortified bread and fortified food supplements with different nutritional qualities, will be sourced from the private sector which will enhance the local economy,' he stated.
1997 Balanced Budget and Taxpayer Relief Act. SUMMARY: The Balanced Budget Act of 1997 (a spending bill) and the Taxpayer Relief Act of 1997 (a tax bill) legislated the elimination of the annual budget deficit by 2002.n the end, tax revenues were increasing at such a rate that the federal budget went into surplus several years ahead of schedule in FY 1998 and continued in surplus in 1999, 2000, and 2001. FURTHER INFORMATION: Balanced Budget Act of 1997 (Pub. Law No.: 105-33).
(CNSNews.com) - Many leading Democrats in Washington these days like to point to the fact that the federal budget was balanced for part of the time that President Bill Clinton was in office. What they do not mention is that those balanced budgets occurred only when Republicans controlled both houses of Congress.n fact, according to the historical data published by the Office of Management and Budget in the Obama White House, no Congress in which the Democrats controlled both the House and Senate has balanced the federal budget since fiscal 1969--more than 40 years ago.